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there is no fiscal cliff. let me say second act conservatives and republicans -- about conservatives and republicans who are demoralized, get over it. we had a bad election. we did a number of stupid things. we faced an opponent who worked harder than we did, did some clever things. ronald reagan, one of his most important single statements is february 1975 in washington at the conservative political action committee meetingment now, i was part of this. i ran in '74. i've had no sense of timing. so i picked watergate to run in. [laughter] i'm in georgia. i'm a yankee-born army brat with a strange accent, a weird name running as a republican during watergate. this was beyond not clever. [laughter] this was like, you know, don't give him money, pay for the therapy. [laughter] in december of 1974 republican party id was at 17%, and there was serious talk about is the party going to disappear and be replaced. now, it was nonsenses, but it was serious talk , and i was part of the group doing serious, in-depth analysis of what went wrong and why did it go wrong. they actually had a series of commercials c
ceiling fiasco of 2011. after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages and a great likelihood it will be a while before we see moderation. >> is this for the leadership looks at the freshman, many of them second term members of congress and think if only we could control them. isn't the case for leadership as it is out of sync or is the leadership secretly happy that freshmen are getting the blame or credit for doing the dirty work they probably politically would not be what to do as leaders of the house? been the leadership is happy. they are happy that they are empowered. i suspect they wake up screaming because they don't have control
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